POW 0.00% 0.8¢ protean energy limited

Ann: Advancement of V-KOR Battery Stack Technology, page-9

  1. 2,140 Posts.
    lightbulb Created with Sketch. 103
    https://unauthorised investment advice/resources/...ie-has-it-wrong-on-lithium-oversupply-tsunami

    Excerpts -----
    Junior explorers have rejected investment bank Macquarie’s claim that the lithium market is “sleepwalking into a tsunami of oversupply”.
    Macquarie’s wealth management division made the comments in a note titled “Lithium: Welcome to Thunderdome” sent to investors last week.
    The note was in reference to the poor performance of lithium stocks this year.
    Although 60 per cent of the 100-or-so ASX companies with lithium exposure have made gains over the past 12 months, three-quarters have gone backwards over the past six months
    .

    Absolute narrow mindedness and poor future outlook about Batteries Metals (BM)
    It looks more likely to be the complete opposite, as the world electrification of all ground transportation and internet of all things etc etc, we are very much likely to encounter severe supply interruption of all batteries materials.
    There are at least x 10 or more Batteries Mega Factories being built right now somewhere in the world, some already operating and some near to completion; There's going to scrambling for huge tonnage of everything and long term permanent contracts and storage will be ongoing.
    The EV revolution is advancing in all facets around the world, sure there'll be a tsunami, but that will be the tsunami of steep demands; I can just see the price direction of all these materials, to get everyone into gear, Wow! That will be something to behold.
    The time to be in (BM) stocks is now, that's by own belief.
    DYOR
    FH
 
watchlist Created with Sketch. Add POW (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.